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srains

04/02/20 2:31 PM

#3787 RE: fung_derf #3785

I use etrade and TD, and see all options. Not sure what platform you are using but those are the options that expire tomorrow. With the afternoon selloff, the July 17, $1700 are at $13. If we sell off this afternoon and tomorrow morning, I will jump on them. Same goes for BA. BA is getting beat up with profit takers. I will be looking at the $100 and $105.

BA has no chance of going out of business, the US will save it. I continue to see the maximum downside to BA at $90. Even here the $105 are selling for $7.05 and the $101 selling for $6. I would actually feel pretty safe making any of these trades here but I am a coward so will wait for a bit more so will be looking for a bigger drop, hopefully tomorrow. If oil was not up 17%, we would have gotten most of it today.